CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1682.86, up 0.5% (+8.62) since 4 p.m. ET on Tuesday. Fifteen of 20 assets are trading higher. Leaders: AAVE (+5.9%) and ICP (+2%). Laggards: XLM (-1.4%) and ADA (-1.2%).
Despite the ongoing downward trend in the cryptocurrency market, some analysts remain optimistic about Bitcoin’s long-term outlook. Crypto analyst David Eng stated that while Bitcoin ($BTC) is currently in a bear market, its long-term cyclical structure remains intact. According to Eng, Bitcoin’s price movements are driven by two key indicators: the 400-day moving average and
The leading cryptocurrency, Bitcoin, is stuck between $60,000 and $62,000. According to recent analyses, $BTC is testing the $60,000 support level due to the lack of recovery catalysts. In this context, although Bitcoin rose above $65,000 on Monday, it subsequently fell back to the $62,000 level. The market is now focused on whether the $60,000
Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA) via passporting. The license lets OpenPayd operate as a crypto asset service provider (CASP) to offer services such as fiat-to-stablecoin on-ramping and off-ramping,
Bitcoin ($BTC) is “compressed” at low levels but its classic cycles remain intact, say new research. Key points: Bitcoin is acting just like in prior cycles as it circles a key four-year trend line. Analysis says that $BTC price action is currently “compressed” as it trades below a $76,400 target. A new estimate put the
Bitcoin continues to gain attention beyond investment circles. Businesses now evaluate it as a practical payment tool. One company that remains vocal about its experience is Steak ‘n Shake. The fast-food chain recently reaffirmed that Bitcoin helps reduce transaction costs significantly. According to the company, the savings remain substantial even after months of accepting the
Bitcoin critic Peter Schiff has pushed back against Grant Cardone’s claim that real estate investment trusts, or REITs, should hold Bitcoin on their balance sheets. In a series of posts on X, Schiff argued that real estate businesses already generate rental income to cover repairs, maintenance, and other operating costs, making Bitcoin unnecessary for those
Bitcoin’s onchain activity is surging despite the asset remaining deep in a bear market. The number of Bitcoin transactions recently climbed above 820,000 per day, according to Glassnode data. The increase comes as bitcoin trades around $62,000, roughly 50% below its October all time high, a period when network activity would typically be expected to
CEA Industries has reached a cooperation agreement with YZi Labs, ending a months-long proxy fight over the governance of the $BNB treasury company. The Nasdaq-listed firm said the agreement took effect on June 23 and brings new digital asset experience to its board. https://t.co/1nGatjFzqB — YZi Labs (@yzilabs) June 24, 2026 Under the deal, CEA